EC Markets vs Cobra Trading : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

EC Markets

Cobra Trading

Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

STP broker

None

Years of Existence / Established Year

2011

2003

Customer Base / Number of Accounts

No information

Info not available

Regulation & Security

Regulations (governing bodies)

FSA,FCA, FSC

FINRA NFA

Awards Won (count for the last 2 years)

Best Trading Liquidity Award, Best Customer Awards

Cobra Trading the best day trading platform

Security Measures

FSCS

SIPC

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

150+

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

ETFs

Stocks

Yes

Options

Yes

Futures

Yes with Venom trading

Bonds

Mutual Funds

Fractional Shares

Exchange Traded Notes (ETNs)

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

Yes

MT5

Yes

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

DAS Trader Pro Sterling Trader Pro Cobra Trading view integration

Platform Compatibility (Windows, Mac, iOS, Android)

Yes except Mac

Yes

Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Standard and ECN accounts

Joint (JTWROS) Individual Retirement Account - IRA Roth - IRA Corporate LLC Trust Partnership

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Yes

Minimum Deposit

$10

$25,000

Leverage Available

200:1 to 500:1

4:1

Trade Limit (maximum per trade)

Unlimited

Trade size vary on each asset

Commission (per account type)

$0 for standard account, $5 per lot per side for ECN account

Best Suited For (e.g., beginners, experienced traders)

Both beginners and experienced traders

Experienced

Deposit & Withdrawal Options

Deposit Methods

Union Pay, OCT 365, Swift wire transfer, Indonesia bank ATM, Bank Transfer Malaysia, THAI QR payment,e-wallets

Check Wire Account transfer

Withdrawal Methods

Union Pay, OCT 365, Swift wire transfer, Indonesia bank ATM, Bank Transfer Malaysia, THAI QR payment, e-wallets

Check Wire Account transfer

Other E-Wallets Supported

VN pay, PoLi.

Tools & Educational Resources

Economic Calendar

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Trading Education, Market Analysis, Webinars, eBooks and Guides, Video Tutorials, MT4 Indicator Plugin

Advanced order types Basket trading Charting & Multi account management Blogs, Posts & platform videos

Fees & Commissions

Trading-Related Fees

Spread for Std account: Starts from 1.0 pip, Spread for ECN accounts: Starts from 0.0 pips

$0.0015 per share

Spread (typical, fixed, variable)

Variable

Per Lot Fees

Options Contract Fees

$0.30 per contract

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

500:1

4:1

Non-Trading Fees

Dormant Fees

$15

Subscription Fees (for premium features, data feeds)

Advisory Fees

Swap Fees (Overnight Financing)

Yes

Statement or Document Fee

Account Opening Fee

Account Maintenance Fee

Deposit Fee

Currency Conversion Fee

Withdrawal Fee

$0 bank fees may apply

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Trading Hours

Trading Hours (for each asset class if applicable)

Varies by asset type

4am to 8pm EST

Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/5

Monday-Friday - 7am to 4.30pm Saturday & Sunday - Closed

Customer Support Methods (phone, email, live chat)

Phone: +248 422 4099, E-mail: [email protected], Live chat

Toll free: 877-792-6272 Direct: 972-491-7999 Fax: 972-491-3111 Email: mailto:[email protected] Live Chat

Support Languages

Additional Information

Headquarters Location

3rd Floor, 30 City Road, London, United Kingdom, EC1Y 2AY.

3008 E. Hebron Pkwy Building 400 Carrolton, TX 75010

Complaints (for crypto brokers)

At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.

While EC Markets maintains low trading fees with no minimum deposit, Cobra Trading includes some charges for premium features and certain asset trades, making EC Markets the better option for budget-focused traders.

EC Markets makes starting out easy with a simple application, especially for retail clients. Cobra Trading platform, while requiring more effort to join, allows experienced traders to customize their accounts from the start.

New traders may find EC Markets interface more welcoming, while Cobra Trading appeals to experienced users looking for tools like heatmaps, screeners, and market sentiment overlays.

EC Markets strength lies in high-performance trading, while Cobra Trading provides a more accessible route for everyday investors.

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